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1625 Phillips Ave, Racine, WI 53403 Sold for $140,000 on 03/26/2024
Features of 1625 Phillips Ave, Racine, WI 53403
WI > Racine > Racine > 1625 Phillips Ave
- Multi-Family
- Status: Sold
- Total Number of Units: 10
- Unit Type 1 # of Units: 1
- Unit Type 1 Avg Rent: $775
- Unit Type 2 # of Units: 9
- Unit Type 2 Avg Rent: $318
- Inside Parking: 4
- Est. Square Footage: 2,800
- Est. Year Built: 1927
- School District: Racine
- County: Racine
- Postal Municipality: Racine
- MLS#: 1794735
- Listing Company: The Curated Key Collective
- Price/SqFt: $64
- Zip Code: 53403
Property Description for 1625 Phillips Ave, Racine, WI 53403
1625 Phillips Ave, Racine, WI 53403 - Here's your opportunity to own one of the few licensed Rooming Houses/SROs in Racine! There are 9 individually leased furnished rooms upstairs and a 2 bedroom apartment below. The rooming house has a kitchen and bathroom and coin op washer and dryer that are shared by the tenants. All tenants are MTM. With recent tenants renting at $325/room/mo and in-place $775/mo lease for lower, this property is a cash cow! There are also 2-3 garage stalls that can be rented out for additional income. Pro Forma/operating statement available upon request.
Basement
- Full
Interior Features
- Heating/Cooling: Hot Water/Steam, Natural Gas
- Water Waste: Municipal Sewer, Municipal Water
- Inclusions: washer, dryer, stove
Building and Construction
- Duplex +, Rooming House
Land Features
- Waterfront/Access: N
| MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
| 1794735 | Sold | ActiveWO | Mar 26 2024 12:00AM | $140,000 | 614 | ||
| 1794735 | Sold | ActiveWO | Mar 26 2024 12:00AM | $140,000 | 614 | ||
| 1794735 | ActiveWO | Expired | Feb 6 2024 9:28AM | 614 | |||
| 1794735 | Expired | ActiveWO | 614 | ||||
| 1794735 | ActiveWO | Active | Jan 30 2024 2:57PM | 614 | |||
| 1794735 | Sep 21 2023 12:17PM | $179,900 | $205,000 | 614 | |||
| 1794735 | Jul 5 2023 7:46AM | $205,000 | $225,000 | 614 | |||
| 1794735 | Sep 16 2022 10:02AM | $225,000 | $245,000 | 614 | |||
| 1794735 | Aug 19 2022 9:29AM | $245,000 | $250,000 | 614 | |||
| 1794735 | Jul 15 2022 6:58AM | $250,000 | $279,000 | 614 | |||
| 1794735 | Jul 8 2022 2:45PM | $279,000 | $294,500 | 614 | |||
| 1794735 | Jun 17 2022 9:41AM | $294,500 | $304,500 | 614 | |||
| 1794735 | Active | May 27 2022 3:44PM | $304,500 | 614 | |||
| 962181 | Expired | Active | 184 | ||||
| 962181 | Active | Aug 29 2007 4:49PM | $132,900 | 184 | |||
| 894689 | Expired | Active | 182 | ||||
| 894689 | Active | Feb 27 2007 11:52AM | $139,000 | 182 |
Contact Shorewest
1.800.434.7350
Community Homes Near 1625 Phillips Ave
| Racine Real Estate | 53403 Real Estate |
|---|---|
| Racine Vacant Land Real Estate | 53403 Vacant Land Real Estate |
| Racine Foreclosures | 53403 Foreclosures |
| Racine Single-Family Homes | 53403 Single-Family Homes |
| Racine Condominiums |
The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site.
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